Aergo Capital

Aergo Capital is an aircraft lessor and asset manager based in Ballsbridge, Dublin, Ireland. It has provided investment, leasing and trading solutions across all market segments since 1999. Its team of aviation experts has worked through several industry cycles.

Aergo provides aircraft leasing and financing to airlines worldwide. Its solutions include operating leases, finance leases, pre-delivery payment financing and sale and leaseback deals. The company has a record of managing complex aircraft transitions and remarketing campaigns for investors and partners.

Aircraft trading has been part of its model from the start. Aergo says it is among the most active aircraft traders in the industry. It finds and carries out investment and sale deals at volume for investors and partners.

Its asset management service looks after aircraft through their life. It covers lease administration and compliance monitoring, risk management and technical asset management, with the aim of keeping and growing value.

The portfolio of owned and managed aircraft is on lease to over 60 airlines around the world. Aircraft types include the Airbus A319-100, A320-200, A321-200, A330-200, A330-300, A350-900 and A380-800. Boeing types include the 737-700, 737-800, 737-800F, 737-900, 737-900ER, 777-300ER, 787-8 and 787-9. The fleet also includes the ATR 72-500, 72-500F and 72-600 and the De Havilland Dash 8 Q400.

Aergo was founded in 1999 and first focused on mid-life narrowbody aircraft, such as the MD80 and Boeing 737 Classics. It later bought Safair, a Johannesburg-based MRO and leasing business, and began managing more than 30 classic 737 aircraft for institutional funds. CarVal Investors acquired 90 percent of the company, which became a full-service global operating lessor. In 2017 it launched METAL 2017-1, its first asset-backed securitisation.

Since January 2021 Aergo has acquired over 150 aircraft. It also took over Seraph Aviation Management, which added the management of 88 aviation assets leased to 38 lessees, worth US$2.5 billion. Its portfolio then rose to 304 aircraft worth about US$6.8 billion.

Services

• Operating leases
• Finance leases
• PDP financing
• Sale and leasebacks
• Aircraft trading
• Asset management
• Lease administration
• Technical asset management
• Transitions and remarketing